Provide a best in class estimate of the EBITDA and EBITDA margins for AlphaSense, decomposed by top line revenue, operating expenses with technology expense, headcount, depreciation, and other expenses broken out.

The Answer

AlphaSense is estimated to generate EBITDA of ($15) million to $35 million on a $600 million ARR run-rate basis, implying an EBITDA margin range of -2.5% to +6.0%, with a point estimate of approximately +2% to +3%.